Latest News Bank

Bank

03/04/2020 at 17h13, by Africa Business+

J.P. Morgan gets its development finance institution operations underway

Announced in early 2020, the behemoth US financial institution is targeting an annual transaction value...

Bank

02/04/2020 at 16h37, by Aurelie Benoit

Covid-19: How the ICD (Islamic Development Bank group) plans to support the African private sector

During the current crisis, the private arm of the Islamic institution is particularly targeting  finance,...

Bank

29/03/2020 at 10h47, by Gaëlle Arenson

Rawbank: Mustafa Rawji awaits green light from Central Bank on his appointment

The nephew of Mazhar Rawji, chairman of the board of directors of DR Congo’s top banking institution,...

Bank

26/03/2020 at 17h39, by Africa Business+

Covid-19 threatens to slow bank merger activity in Kenya

Since the recent lifting of certain regulatory restrictions, the outlook for Kenya’s banking sector...

Bank

16/03/2020 at 14h07, by Africa Business+

Mabrouk family to spend at least $12.8m to acquire Tunisie Valeurs from Fadhel Abdelkefi

Tunisia’s Financial Market Authority (Conseil du marché financier – CMF) has accepted the acquisition...

Bank

12/03/2020 at 17h11, by Africa Business+

South African Reserve Bank seeking adviser for the sale of its 50% stake in African Bank

The task is likely to be thwarted by difficult market conditions as the credit institution struggles...

Bank

05/03/2020 at 15h30, by Africa Business+

Hogan Lovells advised Africa and Gulf Bank on its acquisition of First Abu Dhabi Bank Sudan

The sale to a little-known local group is evidence of the divestment by the bank controlled by the Emirate...

Bank

04/03/2020 at 16h33, by Africa Business+

Christine Tani/Ilboudo (Wendkuni Bank International): “We are planning to gain a strong foothold in the SME sector”

Banker Jeanne Marie Christine Ilboudo/Tani has taken the helm at Wendkuni Bank International (WBI) to...

Bank

02/03/2020 at 17h56, by Gaëlle Arenson

Absa rolls out “Timiza”, its mobile wallet, in Zambia, Botswana and Mauritius

According to information gathered for this report from Vimal Kumar, CEO Retail & Business Banking and...

Bank

29/02/2020 at 14h32, by Aurelie Benoit

Jean-Baptiste Siate newly appointed Managing Director at Ecobank in the DRC

During his career within Ade Ayeyemi’s group, the banker most notably launched Ecobank’s Gabonese subsidiary.

Bank

28/02/2020 at 16h17, by Africa Business+

Microfinance: ACEP negotiating with Orange and Airtel in addition to restructuring

To speed up its growth across Africa, the microfinance specialist is consolidating its regional branches...

Bank

20/02/2020 at 17h15, by Africa Business+

After BOA, Banque Populaire and CIH Bank, Société Générale Maroc has its sights set on real-estate investments with Nema Capital

The French bank’s Moroccan subsidiary is following the lead of its three competitors by entrusting Yamed...

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